noc

During a technical meeting with the Polish Oil and Gas Company on Monday morning in Tripoli, the National Oil Corporation (NOC) discussed lifting force majeure and resuming the company’s exploration activity in Libya in 2023.

The NOC said in a statement that the meeting also saw a discussion of the proposed technical work for 2024 regarding seismic surveying, exploratory drilling, and geological studies.

The statement added that this meeting comes within the framework of completing the annual technical meetings held between the NOC and the participating foreign companies.

The NOC announced that crude oil production reached 1,240,000 barrels per day, and condensate production reached 50,000 barrels per day in the past 24 hours. It also announced that the total domestic consumption of natural gas reached 879 million cubic feet in the same period.

Economy